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Showing 61 - 70 of 6174 results for "Sale"

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
The banking giant was found to have engaged in unconscionable conduct in the interest rate swap case borne out of AustralianSuper and IFM Investors' acquisition of part of Ausgrid in 2016. In October 2016, Westpac engaged in pre-hedging of an interest ...

Schroders shutters Asian Shares Fund

JAMIE WILLIAMSON  |  TUESDAY, 30 JAN 2024
... $10,000 in the fund at its 1995 inception would now have about $106,000. Schroders said it expects to have completed the sale of the fund's assets later this week.

Perennial Partners names institutional sales director

ELIZABETH FRY  |  TUESDAY, 30 JAN 2024
Perennial Partners has appointed Abdul Elhage as an institutional sales director, hiring from BNP Paribas Asset Management where he had a similar role. Elhage has worked in the financial services industry for more than 20 years. Before joining Perennial ...

IFM offloads stake in payment software business to Autodesk

ANDREW MCKEAN  |  TUESDAY, 30 JAN 2024
IFM Investors has reached an agreement to divest its stake in construction payment software business Payapps, previously known as Zuuse, to Autodesk. Since 2020, IFM's private equity funds has held a significant minority share of Payapps, with an initial ...

GBST raids SS&C for APAC head

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2024
GBST has this month welcomed a head of Asia Pacific, hiring SS&C Technologies' sales director. Jeff Hall has taken on the newly created regional leadership role, responsible for business development and operations across GBST's wealth management and ...

Real asset cycle likely to return: Dexus

CHLOE WALKER  |  THURSDAY, 25 JAN 2024
... between equity and credit investments, which is anticipated to lead to an increase in fundraising activity. Moreover, the sale processes that were halted in 2023 due to resetting of portfolio allocations and stabilisation of interest rates are likely ...

UBS welcomes head of wholesale

CHLOE WALKER  |  THURSDAY, 25 JAN 2024
Thira Ngoeun has been appointed as UBS Asset Management's head of wholesale client coverage, Australia. Ngoeun joins from BNP Paribas Asset Management where he was head of wholesale distribution at BNP Paribas, Australia and New Zealand. In his new ...

Insignia Financial touts strong start to FY24, simplification

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... the equity participation idea. Though, Insignia did lose many advisers in the quarter. While it was primarily due to the sale of Millennium3, which saw more than 150 transfer to WT Financial, a further 27 were lost because of businesses sold or exiti ...

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... with a secure and growing income stream and long-term capital growth," Scantena said. Separately, BWP has entered into a sale and purchase agreement with Newmark to pay $22.5 million for the shares of Newmark REIT Management. Unless extended, the all-scrip ...

Knight Frank bolsters capital advisory team

CHLOE WALKER  |  TUESDAY, 23 JAN 2024
Knight Frank has appointed Ben Schubert as its new head of capital advisory, Australia. Schubert takes on the role in addition to his current position as head of institutional sales, leveraging his track record of 20 years in the industry and seven ...